COMMISSION DECISION
of 4 October 2000
on State aid C 45/1999 for the steel company Fabrique de Fer de Maubeuge (now known as
Myriad)
(2001/C 27/07)
(Text with EEA relevance)
(Only the French version is authentic)

By letter dated 19 July 1999, published in Official Journal of the European Communities C 259 of 11
September 1999, the Commission notified the French authorities of its decision to initiate proceedings
under Article 6(5) of Commission Decision No 2496/96/ECSC (1) in respect of aid granted by France to
Fabrique de Fer de Maubeuge (now known as Myriad) towards investments undertaken by the company in
1995.
By letters dated 10 and 12 July 2000, registered as received by the Commission on 12 July, the French
authorities informed the Commission that the aid granted, totalling FRF 10,5 million (EUR 1,6 million),
had been paid in two instalments, in September 1995 and in December 1996. The company had, however,
voluntarily repaid the aid on 3 July 2000, with interest calculated from the date on which the aid was
granted until the date on which it was repaid. The rates used were 7,94 % and 8,28 % respectively, which
corresponded to the reference rates for regional aid in France applicable on the dates on which each
instalment was paid.
The total amount repaid by the company comes to FRF 14 038 077 (EUR 2,14 million).
I hereby inform you that, having taken note of the repayment by the company of the aid together with the
interest due and having found the operation to be regular, the Commission has decided to close the file on
the case.